Arbeitspapier
Moody choice
If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this paper we argue that, even with full unpredictability of mood, the way choices from a menu relate to choices from another menu exhibits some structure. We present two alternative models of 'moody choice' and show that, in either of them, not all choice patterns are possible. Indeed, we characterise both models in terms of consistency requirements of the observed choice data.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 5005
- Klassifikation
-
Wirtschaft
Microeconomic Behavior: Underlying Principles
- Thema
-
Bounded rationality
procedural rationality
utility maximization
choice behavior
Entscheidung
Emotion
Beschränkte Rationalität
Eigeninteresse
Präferenztheorie
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Manzini, Paola
Mariotti, Marco
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Manzini, Paola
- Mariotti, Marco
- Institute for the Study of Labor (IZA)
Entstanden
- 2010
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